A joint venture between FOM Real Estate, Asia Pacific Real Estate and Coquine SA acquired the „Maastoren“ in Rotterdam from Colony North Star RE as the first joint acquisition on 1 May 2018. At 165 meters, it is the tallest building in the Netherlands and is located directly on the Meuse. The total investment for the office building amounts to more than € 170 million.
Following this initial spark in the core and landmark segment, the joint venture aims to make further investments as a partner for Asian institutional investors. Depending on the interests involved, single investments, club, deal or fund structures will be provided.
FOM Real Estate, which is in charge of the joint venture, had already sold the Thales headquarters in Stuttgart, developed by FOM, to institutional Asian investors in 2014 and the Allianz headquarters in Berlin-Adlershof, developed in a joint venture with Corpus Sireo, with the participation of Asia Pacific Real Estate, with an investment volume in the mid three-digit million range, to institutional Asian investors in 2017.
FOM Real Estate and Coquine SA (the latter through investments) have been successfully active in project development in Germany for decades, increasingly for or on behalf of foreign investors. Asia Pacific Real Estate has been continuously developing and expanding its business with institutional investors in Asia for years.
Maas Tower is located in Rotterdam, the second most populous city in The Netherlands. The city is globally recognized as the gateway to Europe due to its port and has a firm reputation amongst international corporations as place of business.
The building is located at the vibrant business district Kop van Zuid, a prime office location and indisputably the most impressive skyline in The Netherlands. The area accommodates a strong mix of offices, leisure and residential dwellings. Kop van Zuid is host to many corporations such as KPN, Municipality of Rotterdam, Port of Rotterdam, Deloitte and AKD. The last two are both tenants in the Maas Tower. The area is well connected to the city center by the Erasmus Bridge, subway, tram and bus.
The building consists of approximately 36,400 sqm of grade A office space divided over 34 efficiently designed floor plates offering superb views over the city and the Nieuwe Maas river. Around 1,400 sqm LFA is archive & expedition space. 641 parking spaces belong to the property reflecting an outstanding parking ratio of 1:60.